Avaada Energy on Thursday said it is implementing 2000 MW solar projects across various states in the country.
Till date, Avaada Energy has commissioned over 1800 MW of renewable assets -- solar and wind, the company said in a statement.
"Avaada Energy has commissioned over 1.8 GW (1800 MW) of renewable assets (solar and wind) and is in the process of implementing 2000 MW of open access solar plants in states like Maharashtra, Tamil Nadu, Haryana, Karnataka and Odisha," it said.
These plants are being built for corporates who are looking to optimise their operating costs and meet their green energy needs through solar, rooftop and hybrid energy solutions, it said.
"Avaada continues to contribute to India's green energy revolution. Open access is a highly credible and economical solution for corporates looking to bring down their electricity bills and carbon dioxide emissions significantly," Vineet Mittal, Chairman, Avaada Energy said.
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Avaada Energy recently raised over Rs 1,000 crore from investors such as the Asian Development Bank, Germany's Deutsche Entwicklungs-und Investitionsgesellschaft (DEG), Dutch Development Bank, Netherlands Development Finance Company.
The company has a target of developing 5 GW of renewable energy portfolio in Asia and Africa by 2022.
Avaada Energy is a leading independent power producer of renewable energy projects.
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